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CEO Update

Central to the Accelerate Cape Town (ACT) value proposition, is our ability to connect our members with key government officials. As we reflect on recent engagements in the regional economic ecosystem, it is clear that deeper collaboration remains vital for addressing pressing issues, particularly with respect to substantial challenges such as the energy crisis we are currently facing.

Our members have enjoyed robust thought-provoking conversations during our recent engagements with esteemed guests, Premier Alan Winde, Mayor Geordin Hill-Lewis, Western Cape Energy Advisor Alwie Lester, and Alderman James Vos, amongst others. These sessions have highlighted the critical importance of working together to build a brighter future for our region, and the statistics demonstrate that despite our overwhelming national challenges, our region continues to forge ahead.

During our Dinner with Premier Alan Winde, Alwie Lester, and Provincial DG, Dr. Harry Malila, we gained valuable insights into their vision and commitment to our local economy and region. Premier Winde’s focus on social development, education, health, and key sectors such as energy, transport, water, and crime has set a strong foundation for progress. Notably, their efforts in reducing crime rates and investing in disaster risk management support, demonstrate their dedication to creating a safer and more prosperous Western Cape.

Our Lunch with Mayor Geordin Hill-Lewis provided an opportunity to delve into Cape Town’s economic growth and prosperity, with a resolute focus on addressing the energy crisis. Mayor Hill-Lewis shared his team’s strategic intent and commitment, highlighting the importance of leveraging partnerships and fostering collaboration to navigate the complexities of our rapidly changing world.

Alderman James Vos, Mayoral Committee Member for Economic Growth, further reinforced the significance of collaboration in building an economy of hope and confidence. His team’s initiatives and programs, designed to drive economic growth and overcome challenges, emphasize the need for nimbleness, adaptability, and a culture comfortable with uncertainty.

In addition, ACT has also supported the City of Cape Town’s launch of the Ease of Doing Business Index, as well as the release of their Infrastructure Report, detailing how the city will develop infrastructure over the next 10 years.

I’ve continued representing our regional business community on numerous public forums, with highlights including presenting at the CIMA-AICPA International conference and the EDHE Executive Leadership Workshop which included senior leadership from all of the SA universities.

With respect to driving greater business unity, I am pleased to announce that we have recently formalised Business Western Cape, which is a collaborative entity that includes all the regional business associations including AHI, BBC, WECBOF, NAFCOC, and various regional Chambers of Commerce, along with ACT.

I would like to express my sincere gratitude to the entire ACT community – the driving force behind our corporate landscape – for your unbridled optimism, resilience, and willingness to engage in these important discussions.

It is your commitment and spirit of collaboration that enables us to continue building bridges, forge strong partnerships, and drive positive change. I remain confident that our collective efforts will shape a more prosperous, sustainable, and resilient future for all.

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